#BlackRockETHPurchase
BlackRock has significantly increased its Ethereum holdings through its iShares Ethereum Trust ETF (ETHA), acquiring approximately 100,535 ETH, valued at around $276 million, on February 4, 2025 . This acquisition brings BlackRock's total Ethereum holdings to about 1,352,934 ETH, worth approximately $3.71 billion . The purchase has positively impacted Ethereum's market sentiment, contributing to a price surge above $2,800 .
binance.com
+6
techstory.in
+6
dailyhodl.com
+6
dailyhodl.com
+2
watcher.guru
+2
techstory.in
+2
coinmarketcap.com
Additionally, BlackRock and Fidelity collectively invested over $500 million in Ethereum within 48 hours, further indicating growing institutional interest in the cryptocurrency . These strategic investments reflect BlackRock's confidence in Ethereum's long-term potential and its role in diversifying traditional investment portfolios.
cincodias.elpais.com
+4
binance.com
+4
binance.com
+4
For investors in Karachi or elsewhere, such institutional moves can serve as a signal of Ethereum's increasing legitimacy and potential for growth.
BlackRock's Strategic Ethereum Acquisitions Signal Institutional Confidence
ft.com
BlackRock leads as ether ETFs rack up $100mn on first day of US trading
314 days ago
cincodias.elpais.com
1.000 millones en 24 horas: los ETF de ethereum se disparan y prometen una nueva revolución para los inversores institucionales
314 days ago
